What is the outlook for oil prices?

World markets were shaken up after oil prices reached record highs following the attacks on oil facilities in Saudi Arabia.This 20 percent increase is the largest jump in prices since Iraq invaded Kuwait in August 1990. As is known, oil is one of the... more

Are the trade wars a harbinger of a new economic downturn?

Even though the trade wars that have erupted between the U.S. and China have had seemingly positive results due to protectionist policies, for the last one and a half years, the negative aspect of these wars has begun to be debated in terms of the sh... more

The forum aiming to ostracize Turkey from the East Mediterranean

At the beginning of 2019, Egypt, the Southern Cyprus administration, Greece, Jordan, Israel and Palestine struck a deal in Cairo to form a East Mediterranean Gas Forum with the goal of establishing a regional natural gas market and building cooperati... more

Turkey’s S-400 purchase and its effects on the economy

Turkey has started to receive components of the S-400 missile defense systems it had purchased after prioritizing its security and ignoring the arguments, reactions and tensions regarding the deal.Now we need to ask: What effects will the purchase an... more

A new era in the Eastern Mediterranean

The rivalry between the region’s different countries and actors in the Eastern Mediterranean, as well as the disagreements regarding how to best share hydrocarbon resources calls for the adoption of a new vision for this region.In other words, a new ... more

How Islamic are Islamic countries?

Ever since the year 2010, two academicians at George Washington University, Scheherazade Rehman and Hossein Askari, have been publishing a study called the “Islamicity Index” based on how a country’s economics, legal and governance, human and politic... more

Energy wars in the Eastern Mediterranean

Tensions are rapidly rising in the Eastern Mediterranean. As is known, natural gas operations that started to intensify in the region since the early second millennium, had caused this area to become the focus of international energy companies.The ex... more

What’s Iran going to do after the temporary oil waiver deadline?

The U.S. had granted China, India, South Korea, Japan, Turkey, Greece, Italy and Taiwan temporary oil waivers in November 2018 with respect to the sanctions applied on oil trade with Iran. The waiver in question ends this week on May 2.It is obvious ... more

What was discussed at the G20 summit?

The thirteenth G20 summit was held between Nov. 30 and Dec. 1 in Argentine capital Buenos Aires. The G20 summit is an important meeting both because it has determined the world agenda since 2008 and also because economic issues are discussed.Not only... more

How can Turkey become an ‘energy trade hub’?

The question, “Can Turkey be an energy trade hub?” has been frequently asked lately. The fact that the offshore leg of the TurkStream project has been completed contributed to Turkey’s role in becoming a center of energy trade.Turk Stream, TANAP, TAP... more

Energy in relations with the EU

Economy is the most important agenda of Turkey-EU relations that have been ongoing for years. Because, it is seen that bilateral relations that are established on the backbone of trade have made significant progress from the past to present, in light... more

New Economy Program and Turkey's economy story

Global economy has witnessed various developments with the tensions caused by the trade wars that started in early 2018. While this situation increased the risks and uncertainties toward world economies, it is also leading countries to search for alt... more

Is a new global payment system possible?

The U.S. is using the economic order and financial architecture it established after World War II to economically dominate the world and, since the election of Donald Trump as president, it continues to use its economic and political power to threate... more